My earlier threads are received lot of responses, so i desire to share some more thoughts on this.

A lot of professional are employed in jobs relating to Finanacial Markets, such as dealers (traders), back office personnel (involved in processing and maintenance of data), Risk Managers, Relationship Manageres, Analysts, programmers, Fund managers, bankers etc. Also Many in this forum are engaging people on such assignments. So both the groups, i.e. employees and the employers share their experiences, discuss and learn more on the opportunities.

I chat with one Mr. Khandelwal in this forum once, told me that he is a dealer with an MNC. His job involves day-trading in US Market on the company's account. Mostly he is trading in Berkley Hathway shares only. The assignment involves no fixed salary, but a share of the profits (in his case it is 40% of profit).

I believe that there are lot of such opportunities exists in the Financial Markets. If the users are the forum are willing to share such job related experiences (good or bad), i think other can also learn from that.

It is a good discussion on advisory services. I have no experience directly or indirectly using any advisory services. Eventhough I listen to them in TV (CNBC, NDTV, UTV, ZEE, ET) also on sites (Moneycontrol, equitymaster, capital market, indiainfoline), I have never based on them, as support for investment decisions.

In this forum lot of learned and experienced guys are giving advises on day/swing/positional trading also on long term investing. I read a lot of good responses to such postings.

In past 4 years i had some occasions (rather i was compelled to) to give advice on investing in markets. they were done for 4 different friends, who were very enthusiastic about equity markets. All the 4 had used different brokers, also being advised by them too into investing around 1-4 lacs (for people in govt. service this is a good amount of money) and lost a good amount (around 10 - 40% of original capital). What I noticed in them is that, some stocks in their portfolios rise abnormally (may be 200-400% ) which prompt them to believe that other scrips too will rise some day, so that the portfolio value will cross the initial capital invested and grow many-fold.

The all the 4 advices had funny and unexpected outcomes

first person, after pestering me for nearly a month, had 2 sessions on his existing portfolio. He is a well-learned intelligent man, having a thorough reading of ET everyday, updated about developments in financial markets. He had around 3 Lac in investments, around 20 scrips in his portfolio, apart from 8-10 MF units. His combined losses were around 40% total investments.

I gave him some 'tips', as we call it

1. Limit your investments to 6-8 scrips in your portfolio. sell the insignificant/relatively unknown scrips and add to your existing selection of 6-8 good ones at lower prices. this averaging will help you in the long term. ( He had SBI, L&T, GAIL, Infosys, reliance etc in his portfolio).

2. All the scrips, likely price targets for sell and buy was given with a timeframe, based on whatever little knowledge I had. After spending a lot time on all these, I told him he may be able to cover his losses in a years time (May be if he is lucky enough, he may get some returns too)

3. Now the person wanted my advice on a few scrips (2-3 scrips - I think it was to test my ability as an advisor), again after spending time, I made a mix of 3 stocks as desired by him with the proportion and scrips

All this advice is given after spending a lot of time, efforts. Now let me explain the outcome after one year.